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Tree Corp. and Branch Co. are related for tax purposes. Treeoperates as a retail outlet and Branch Co. operates as a wholesaleunit. During Year 1,

Tree Corp. and Branch Co. are related for tax purposes. Treeoperates as a retail outlet and Branch Co. operates as a wholesaleunit. During Year 1, TreeCorp. purchased inventory for $5,000. The inve 2 answers

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